NEW DELHI: The domestic equity market is likely to open on a flat note on Friday, tracking global cues. Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week, Reuters reported.At 08:06 am, the Nifty futures on Singapore Stock Exchange (SGX) traded 4.50 points or 0.04 per cent higher at 11,426.50. Here's a look at the top stocks that may hog the limelight in Friday's session - Jet Airways: The battered airline company in a BSE filing said it will announce its June quarter results on August 27. Persistent Systems: The company has partnered with Three Phase Electric to develop IoT solutions.TCS: The IT bellwether has signed a new contract with The Improvement Service to deliver further digital transformation in Scotland. Usha Martin: Speciality steels and wire rope maker Usha Martin bounced back into the black in the first quarter of the current financial year, with a standalone net profit of Rs 19 crore against a loss of Rs 98 crore in the year-ago period, driven by improved realisations and strong domestic demand.Ion Exchange: The company has signed a contract for engineering, procurement, supply and construction of water treatment plant worth Rs 438.84 crore.Tech Mahindra: IT firm Tech Mahindra on Thursday said it has signed a four-year technology partnership deal with US-based football team Jacksonville Jaguars.Brigade Enterprises: Realty developer Brigade Enterprises has reported a net profit of Rs 63 crore for the quarter to June on the back of revenues worth Rs 708 crore, said an ET report. Dollar Industries: Dollar Industries reported a 10.31 per cent jump in its standalone net profit to Rs 13.80 crore for the first-quarter (Q1) ended June 30, 2018, as against Rs 12.51 crore profit registered in the corresponding period previous fiscal.MCX: Multi Commodity Exchange of India(MCX) signed an MoU with India Bullion and Jewellers Association (IBJA), the apex industry body for all bullion and jewellery associations in India on various cooperation activities for the growth and development of bullion industry.Lemon Tree Hotels: It has signed a license agreement for a 90-room property at Vijayawada, Andhra Pradesh, under Red Fox Hotel brand. The hotel is expected to be operational by June 2020, it informed the bourses.Maruti Suzuki: The auto major has hiked prices of its vehicles by up to Rs 6,100, effective August 16. BEML: The Bharat Earth Movers (BEML) plant has launched India’s first indigenously developed 150T Electric Drive Rear Dump Truck. AstraZeneca Pharma: The drug firm on Thursday said it has received permission from the Drug Controller General of India (DCGI) to import and market olaparib tablets used for the treatment of ovarian and breast cancer.
from The Economic Times https://ift.tt/2OImKSW
Thursday, August 16, 2018
In Focus: Jet, TCS and Persistent Systems among stocks to track
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